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20121202
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obama taxes and really
: you cover these issues here this washington. you have heard as i have in the last couple of weeks climate change enthusiasts and even some obama administration people saying this is the moment we can move on this. what signs do you see that that may happen? >> it's interesting. i would say that probably the biggest block for some kind of really significant domestic climate change policy in congress is the fact that a lot of republicans are very concerned about the idea of signing on to something that could be an energy tax. there's also a lot of republicans would are skeptical about the idea that climate science is even true, that climate science even exists. republicans control the house. you need 60 votes to get something in the senate. you need 67 votes to get a climate treaty, an international treaty ratified. >> ifill: do you see a movement coming from the white house to kind of boost this? >> well, it will be very interesting to see what the president does. he did... president obama did talk about climate change in his election night speech. there are signs that he thinks ab
. >> shannon: who will blink first? the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the y
're 30 days away from falling off the fiscal cliff and president obama tried to layout his plan to the american people this week and people say his plan is a nonstarter and say it's taxes and spending. >> joining us now is the host of fox news sunday, chris wallace and nice to see you this morning, chris. >> hi, guys. >> clayton: you have timothy geithner on your show who was laughed at this week, in a way or the proposal that he handed to senate minority leader mitch mcconnell and he let out an audible chuckle at the proposal. i'm curious if timothy geithner has the same sense of humor. >> actually we have not only timothy geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not
obama made the statement about syria and chemical weapons again and secretary clinton did. we understand the red line. the world, this week, certainly growing concern about syria's potential use of chemical weapons. can we ask you your view on this. how concerned are you? how imminent are your concerns? and should assad believe that his weapons are sheltered and safe from potential -- a potential response in a potential military action by anyone? >> well, without commenting on the specific intelligence that we have with regards to the chemical weapons, there is no question that we remain very concerned, very concerned that as the ouch suggestion advances in particular damascus and the regime, we very well consider the use of chemical well -- weapons. the whole world is watching. the world is watching very closely. and the president of the united states has made very clear that there will be cops consequenceses -- consequences there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons. i'm not going speculate, comment on what the potential cons
's the end of the questions for david. let's say thank you. >> this week, the national and capitol christmas trees were lit in washington, d.c. president obama and the first family participated in the 90th annual christmas tree lighting ceremony. the tradition of a national christmas tree started in 1923 with president coolidge. house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado's white river national forest. watch both of these ceremonies tonight 8:00 p.m. eastern here on c-span. we ourselves are not completely tied to print on the page sense of writing. but i think that there's no tha other art form so readily available other than perhaps -- inaudible just captures the human spirit. >> this weekend join book tv american history tv and c-span's local content vehicles as we look behind the scenes at the history and literary life of new york's capital city albany. today at noon eastern on book tv on c-span and sunday at 5:00 p.m. on american history tv on c-span 3. >> next government officials and policy researchers testify abou
. and it is unfortunate that the white house spent three weeks doing basically nothing. >> now, the republican counterproposal that we just heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most americans paid out in past
practical republican left in washington was suddenly willing to say out loud what we have known for weeks: the only remaining option is for the house to pass the senate bill. dozens of house republicans signed onto a letter urging speaker boehner to take the last hexit before the cliff. neither president obama nor democrats in congress have ever been ambiguous about our proposal to provide economic security for 98% of american families and 97% of small businesses while asking the wealthiest 2% to contribute just a little more to stop this runaway debt. and now that even a dyed in the wool conservative like senator coburn of oklahoma has endorsed the democratic approach, here's what he said, "i know we have to raise revenue. i would rather see the rates go up," he said. he's been heavily involved in everything that's happened in the last several years in washington dealing with debt. when he joins in, that's really significant. it is apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle-class families wait for relief and how long
want to make, the benefits should continue. firm stand. we have seen in the past obama host: what specific benefits do guest: usually some kind of a cash benefit or they may help the search for a job. it is usually about $300 a week. it can vary from state sen. in the mississippi i want to say it is closer to $200. host: how are the programs funded? payroll taxes. through the trust the state administers the program and the money goes to the unemployed. host: talk about qualifications order to apply? guest: generally what you have to do is you have to have a year certain threshold. you have to have been let go from a job. and necessarily qualify for -- to qualify for unemployment benefits. if he graduated from college and do not have a job, you getit is a pretty easy system to get into if you were laid off after 10 years. host: we have some qualifications a person must meet on the screen there. have lost a job through no fault of his or her own. guest: you have to be laid off. there is the difference between being laid off and being fired. corporate downsizing. you cannot get unemp
republicans that president obama and democrats actually wanted to avoid it. that was the premise that any possible agreement had shown. that was the common goal, or so we thought. over the past couple of weeks it's become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats, including the president, seemed perfectly happy -- perfectly happy -- to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. and it explains why the president is now stubbornly insisting on raising tax rates when he himself said just last year that you could raise more revenue from capping deductions and closing loopholes. this isn't about the deficit for them or balance. it's about an ideological campaign that most americans thought would have ended on november 6, and that's also why the president sent secretary geithner up here last week with a proposal so completely ridiculous it wouldn't have passed the house, as i indicated earlier, if nancy pelosi were still speaker. it was more of a provocation
Search Results 0 to 12 of about 13 (some duplicates have been removed)